HA NOI (VNS) – Vietnamese and Chinese investors yesterday signed an agreement to build a 1,200MW-thermal power plant in the southern province of Binh Thuan.
Vinh Tan 1 will be built under the build-operate-transfer model.
Three investors in the project are China Southern Power Grid (CSG), China Power International Holding (CPIH) and Vietnam Coal and Mineral Industries Group (Vinacomin).
Scheduled to be completed by the end of 2017, the plant construction is under the supervision of the Ministry of Industry and Trade (MoIT).
Vinh Tan 1 will be part of the province's Vinh Tan power centre, which includes four thermal power plants with a total capacity of 5,600MW, providing electricity for the southern region. – VNS